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Luminar and Mercedes-Benz Expand Partnership to Formula 1 with the Mercedes-AMG PETRONAS Team
Businesswire· 2024-01-09 20:00
Luminar and the Mercedes-AMG PETRONAS F1 Team will work together to integrate Luminar’s technology into the roofline of the Mercedes-AMG GT Black Series. (Photo: Business Wire)Luminar and the Mercedes-AMG PETRONAS F1 Team will work together to integrate Luminar’s technology into the roofline of the Mercedes-AMG GT Black Series. (Photo: Business Wire)LAS VEGAS--(BUSINESS WIRE)--Leading global automotive technology company Luminar and the Mercedes-AMG PETRONAS F1 Team today announced a new strategic collabora ...
Luminar at CES 2024
Businesswire· 2024-01-04 17:09
ORLANDO, Fla.--(BUSINESS WIRE)--Luminar (Nasdaq: LAZR), a leading global automotive technology company, will host a press conference to share the latest news from Luminar, and debut its Automatic Emergency Steering (AES) capabilities using the new Iris+ LiDAR as a part of our Proactive Safety crash avoidance vehicle demonstrations at CES 2024. Luminar Press Conference WHAT: Luminar Founder and CEO Austin Russell will share updates on the company’s recent technology and industrialization milestones, new de ...
Luminar Technologies(LAZR) - 2023 Q3 - Earnings Call Transcript
2023-11-09 07:57
Luminar Technologies, Inc. (NASDAQ:LAZR) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Aileen Smith - Head of Investor Relations Austin Russell - Founder & Chief Executive Officer Tom Fenimore - Chief Financial Officer Conference Call Participants Joshua Buchalter - TD Cowen Winnie Dong - Deutsche Bank John Babcock - Bank of America Natalia Winkler - Jefferies Jaime Perez - R.F. Lafferty Mark Delaney - Goldman Sachs Kevin Cassidy - Rosenblatt Aileen Smith Welcome everyone ...
Luminar Technologies(LAZR) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38791 LUMINAR TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) | Delaware | | | | ...
Luminar Technologies, Inc. (LAZR) JPMorgan Auto Conference Call Transcript
2023-08-11 15:57
Company and Industry Overview * **Company**: Luminar Technologies, Inc. (NASDAQ: LAZR) * **Industry**: Autonomous Vehicles, LiDAR Technology Key Points Production and Manufacturing * **Volvo Integration**: Luminar is on track to deliver LiDAR sensors to Volvo by the end of the year, marking a significant milestone in their industrialization progress. * **Manufacturing Plant**: Luminar has established a new manufacturing plant in Monterrey, Mexico, to support high-volume production for Volvo. * **Testing and Validation**: The company is currently focused on testing and validating the sensors to ensure they meet Volvo's quality standards. * **Costs**: The testing and validation process has resulted in high costs, but Luminar expects to work through these issues by the end of the year. Customer Readiness and Partnerships * **Volvo Software Challenges**: Volvo is facing challenges related to software integration, but Luminar is confident in their ability to address these issues and meet the end-of-year timeline. * **NVIDIA Partnership**: Luminar is working with NVIDIA on the development of full-stack autonomous driving solutions, particularly for Mercedes-Benz. * **Civil Maps Acquisition**: Luminar acquired Civil Maps to enhance their mapping capabilities and monetize the data collected by their LiDAR sensors. * **China Market**: Luminar is actively participating in the China market, partnering with local manufacturers and OEMs to serve Western automakers. Competitive Landscape * **LiDAR vs. Radar**: Luminar believes that LiDAR is superior to radar for advanced autonomous driving capabilities, particularly at higher speeds. * **4D Radar**: Luminar acknowledges the potential of 4D radar as a complement to LiDAR, but does not see it as a direct competitor. * **Price Declines**: Luminar expects the price of LiDAR sensors to decline over time as the technology becomes more widespread. Financial Outlook * **Cash Burn**: Luminar's cash burn rate is expected to decrease significantly as they scale up production and achieve economies of scale. * **Runway**: Luminar currently has approximately $300 million in cash, providing them with at least two years of runway. * **Breakeven**: Luminar aims to achieve company-level breakeven by the end of 2025. * **Revenue Targets**: Luminar expects to produce approximately 5 million LiDAR sensors by 2030, generating roughly $5 billion in revenue.
Luminar Technologies(LAZR) - 2023 Q2 - Earnings Call Transcript
2023-08-09 02:48
Luminar Technologies, Inc. (NASDAQ:LAZR) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Amy Smith - Head of IR Austin Russell - Founder & CEO Tom Fenimore - CFO Conference Call Participants Joe Cardoso - JPMorgan Mark Lipacis - Jeffries Winnie Dong - Deutsche Bank Joshua Buchalter - TD Cowen Kevin Garrigan - WestPark Capital Itay Michaeli - Citi Amy Smith I am Luminar's Head of Investor Relations. With me today are Austin Russell, Founder and Chief Executive Officer; and Tom ...
Luminar Technologies(LAZR) - 2023 Q2 - Earnings Call Presentation
2023-08-08 20:16
• Luminar Semiconductor awarded multiple new external contracts © 2023 Luminar Technologies, Inc. All Rights Reserved | Mobileye development vehicle with Luminar LiDAR sensors on display at Mobileye Investor Day in 2019 (Photo Credit: Walden Kirsch/Intel Corporation) NHTSA poised to mandate advanced AEB Luminar Semiconductor Inc: New ASICs & external wins in Q2/Q3 Financial Guidance (unchanged) • Excludes additional $10M TPK investment from 2 Various Luminar software capabilities are still in development an ...
Luminar Technologies(LAZR) - 2023 Q2 - Quarterly Report
2023-08-07 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38791 LUMINAR TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) | Delaware | | | | 83-1 ...
Luminar Technologies, Inc. (LAZR) Presents at Deutsche Bank Global Auto Industry Conference (Transcript)
2023-06-14 19:23
Luminar Technologies, Inc. (NASDAQ:LAZR) Deutsche Bank Global Auto Industry Conference June 14, 2023 12:50 PM ET Company Participants Tom Fennimore - CFO Conference Call Participants Winnie Dong - Deutsche Bank Winnie Dong All right. Good afternoon, everyone. Thanks for joining us for the session with Luminar, as part of Deutsche Bank’s Global Auto Conference. My name is Winnie Dong, and I work in the U.S. Auto and Technology Research team here at DB. Luminar is a LiDAR technology company founded in 2012. I ...
Luminar Technologies, Inc. (LAZR) Evercore ISI Autotech & AI Forum Conference - (Transcript)
2023-05-24 22:02
Luminar Technologies, Inc. (NASDAQ:LAZR) Evercore ISI Autotech & AI Forum Conference Call May 24, 2023 3:00 PM ET Company Participants Tom Fennimore - Chief Financial Officer Aileen Smith - Head of Investor Relations Conference Call Participants Chris McNally - Evercore ISI Doug Dutton - Evercore ISI Chris McNally Hello, everyone again, and thank you for joining this next session of our Autotech & AI Conference. Today with us we have the pleasure of having the CFO of Luminar, Tom Fennimore joined by the new ...